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at theatlantic.com. thanks for joining us. we will take you live to the house floor. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] the speaker pro tempore: the house will be in order. the chair lays before the house a communication from the speaker. the clerk: the speaker's room, washington, d.c., december 19, 2012. i hereby appoint the honorable daniel webster to act as speaker pro tempore on this day. signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: the chair will receive a message. the messenger: mr. speaker, a message from the senate. the secretary: mr. speaker. the speaker pro tempore: madam secretary. the secretary: i have been directed by the senate to inform the house that the senate has agreed to s. res. 624, relative to the death of the honorable daniel k. inouye, senator from the state of ohio. -- hawaii. the speaker pro tempore: pursuant to the order of the house of january 17, 2012, the chair will now recognize members from lists submitted by the majority and minority l
. competition, device the pipes are reputation, it protects us much better than government over well. that is our show. i am john stossel, thank you for watching. [app >> gregg: financial future of the country may hang in the balance as the nation gets closer to a fiscal cliff. democrats and republicans have one month to come up with a plan to stop the across the board tax hikes and the major federal spending cuts from taking effect. i'm gregg jarrett. >> heather: i'm heather childers. some of the early optimism for a deal seems to be fading. steve is live in washington with more. >> reporter: one month away from that so-called fiscal cliff. there appears to be very little movement toward any kind of deal. president obama is using the bully-pulpit to appeal to the american people to push for immediate action to push the tax cuts for everybody except for those earning more than $250,000 a year. in his saturday address, he stressed the urgency of the situation. >> if congress does nothing, every family will see their income taxes automatically go up at the beginning of next year. a typ
about in you're so vain and will you share that with us? >> i think it's warren beatty. >> and he says not. >> that's what my information was but again that information has not been updated for 40 years. [applause] >> now that that the turnpike extends past the city to the airport, any thoughts about revising the song? >> you mean the turnpike no longer ends in boston, it goes all the way to summer set, no. what town is the airport in? >> that's got a ring to it but it doesn't rhyme. that's the thing is the internal rhyme. that song has four rhyming schemes going at once. it's got to be boston unless they take it to aust tin texas. [applause] >> i want to thank all of you for joining us this afternoon. i want to remind you of our next lunch on december 18, we have leon panetta, i'm sure if you have some advice on how to stolve fiscal cliff i'm sure heed like to hear that. >> while you are writing your next song i'd like to present you with your coffee mug. it might give you some inspiration. >> thank you so much. [applause] >> i want to thank the national press club staff including the
. this bill allows us to have the resources we need to get more uninsured americans into the health-care system. it reduces costs and will make as a stronger nation. >> peter shumlin is joining us from vermont. thank you very much for being with us. >> thanks so much for having me. >> why did he decide to take this job? >> it is a fascinating question. they're going to start this cycle $30 million a behind were the republican governors association is. they have opportunities across the upper midwest and states like florida and on the west coast. the governor of arizona is not so convinced she% limited. she think she can run. sheikh -- she is a term limited. she thinks she can run. even some states in the south and along the atlantic coast. there are tons of opportunities for democrats. they are $30 million were the republicans governors association is. >> a lot of democratic senators are up for reelection. the pool of money will be pushed also for these governors races and more democratic than republican seat in the senate. >> there arare far more democrat of for reelection in 2014
a number of possibilities for us. how can we use these digital technologies and learn fm them to change education on our alone campus. what weighs will we see based on the experience of these mass courses. how can that transform in cambridge and boston. secondly, we see it as a way to get harvard ideas and harvard teaching out to a broader world and way to accumulate a lot of data that can be an extraordinary resource for anybody who like to use that material to ask questions about the nature of human learning and how it ought to be structured. on the point about spreading learning to the rest of the world, i have a very moving reaction to one bit of data. one of the pilot courses. when i was in india, i met with people in india who were wanting to interact with harvard. there is a need for engagement with our schools public health. we have enormous challenges in that area. i was talking to these individuals about what kind of courses we might involve them in. this online course that i described steele has overall more than 40,000 students and 9000 of them come from india. last january
left this evening. as always, thank you for being with us. let not your heart be troubled. the news continues. we will see you back here on monday. >> good morning to you, it's saturday, december 8th. so it's the middle of the weekend which is good news. i'm ainsley earhardt filling in for alisyn this morning. no end in sight for the fiscal cliff hanger. >> when it comes to the fiscal cliff threatening our economy and jobs the white house has wasted another wee>> why speaker says the president's my way or the highway approach is getting us nowhere. >> the feds are borrowing nearly a billion dollars a day. so why is the white house saying reducing our debt not really the goal? >> thank you, eric, it's the most watched video on the internet of all time. he is set to perform for the president. gangnam style said about our soldiers a few years ago. that controversy kicking up this morning. "fox & friends" hour one begins right now. >> get out the coffee. wake up, everyone, thank you so much for waking up with tus, it is "fox & friends" on this saturday morning. dave bowling in for dave
. to start us down the road of making our children safer by treating children's gun safety like their auto safety. all the air bags, anti-drunk driving campaigns, child seats, driver education, careful licensing, it slashed the accident rate but it didn't eliminate them altogether. we can't imagine a world without these protections for our families. let's see if we can imagine a world where our children are safer from gun violence. and then make it happen. the speaker pro tempore: the gentleman yields. the chair recognizes the gentleman from pennsylvania, mr. murphy, for five minutes. mr. murphy: madam speaker, i rise today with a heavy heart, to honor petty officer nicholas , a person who sacrificed his life in the most honorable of ways, to protect and save the life of another human being. his life was a testament to the core values of the united states navy, honor, courage and commitment. on december 9, twelve, pet -- 2012, the petty officer rescued ar kidnapped american doctor from the taliban near kabul. a veteran of the iraq war and a decorated navy seal, the petty officer died durin
when gunfire breaks out at a police station in new jersey. accusations of using children to make a political point. we'll tell you about that "happening now" jon: good morning i'm jon scott along with harris faulkner. with just days to go until the fiscal cliff deadline president obama and top congressional leaders are set for a crucial meeting. expectations are low for a deal when house and senate leaders head to the white house this afternoon to meet there with president obama. lawmakers are increasingly looking at the period following the december 31st deadline we're told to come up with a fix to avoid massive tax hikes and spending cuts, affect lives of nearly every american many economists say could plunge the economy into another recession. chief white house correspondent ed henry live with the latest. so in this meeting, ed, is there any hope they will accomplish anything? >> reporter: well it is pretty low expectations, jon. what we're expecting when you talk to top officials of both parties the president will offer a scaled back plan, something he laid out lines friday b
just blast out of some aggressive growth stocks or sell some s&p future us when see them walk to the podium, you could probably coin money! i'm surprised the president doesn't start his talks by saying, look, look, america, i'm about to send the s&p 500 down a percent with what i say. ou how about the speaker? suffice it to say we all have to keep one eye on washington and hope they don't poke it out with their endless failure to rise above partisanship. when we started this campaign, i'm sure a lot of people said don't worry, i'm sure they'll do it. today was like the worst day yet. the two parties hate each other. they really do. they personally hate each other. but how about the other eye, the one that's not focused on the fact that all of our paychecks are about to be reduced and we're likely going to have big layoffs? what is that eye supposed to be focused on? and is it possible to focus on anything the chaos that will ensue. i'm calling for the super bowl resolution. we got the answer to what we should be focused on in spades today. we needed to folks on the desire of c
. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. >>> i'm jim cramer, and welcome to my world. you need to get in the game! firms are going to go out of business and he's nuts! they're nuts! they know nothing! i always like to say there's a bull market somewhere. "mad money." you can't afford to miss it. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to save you a little money. my job is not just to entertain you but to educate and teach. so call me at 1-800-743-cnbc. we may all be focused on the fiscal cliff. we may see the talks blowing up right in front of our eyes. even as the averages denied washington's gravitational pull, the dow gaining 60 points, s&p climbing .55%, nasdaq advancing .20%, we know when the president or the speaker of the house comes on the tube these days, the m
passed in may but it's an important support program to make sure that the most vulnerable among us are cared for and they can bounce back up. it's one of those programs where we try to reach out, mr. speaker, not to prop folks up but to give them a hand up so that they can succeed. . these programs face a 35% cut. why is that? in the two years you and i have been here, mr. speaker, we have seen discretionary spending, it started in 2010 at some of the highest levels in american history. you and i in a bipartisan way brought it down in 2011. we brought it down again in 2012. and we brought it down again for f.y. 2013. i open up those newspapers, mr. speaker, folks talk about how there is no agreement here. folks are arguing and fighting with each other. in a bipartisan way this house, that senate, and our president has seen discretionary spending drop three years in a row. never before in my lifetime have we seen such a thing. i credit this body with being a driving force in that because we were elected by the american people who want to see their fiscal bucks put back in order, but
and in the new year. and that is it for us tonight. thanks for watching. i'm in for bill o'reilly. please remember the is spin it stops right here because we are always looking out for you. captioned by closed captioning services, inc. >> sean: marry christmas and welcome to this hannity holiday special. in a few minutes we will take you to afghanistan for an exclusive look at how our troops stay connected to families back home during the holidays. and we will also hear a timeless message from president ronald reagan recorded 32 years ago but still just as meaningful tonight. first, pastor rick wa warren hs book the purpose driven life has been read by more than 60 million people worldwide and currently bel rereleased to celebrate its 10th anniversary. i sat down with pastor warren to talk about the meaning of christmas. what does christmas mean to rick warren? >> the very first christmas the angels said three things. those three things are the three purposes of christmas. celebration. salvation. reconciliation. here are the three things. the first thing the angel announced is is i bring
, 2012. the president offered words of solidarity and state and pledged to use the power of the presidency and to prevent future killings. some are asking whether that is an indication on whether he will push for stronger gun control laws. question for you is and should u.s. gun laws change? here are the numbers to call -- you can also find us online. send us a tweet or join the conversation on facebook, or send us an e-mail. our question for you is whether u.s. gun laws should change? here's the headline in "usa today" -- jumping down into the story, it says -- others are exploring the question of gun laws. we will hear some comments from members of congress this morning. congressional democrats are vowing to push for stricter gun control laws. several democratic lawmakers called yesterday for a new push for gun restrictions, including a ban on military-style assault weapons in the wake of the connecticut massacre. democratic senator dianne feinstein is the author of an assault weapons ban that lapsed in 2004. she said she would introduce new legislation soon. senator di
and the celebrities answering the calls from people who phoned in donations, galaxy phones they were using. you're seeing galaxy ads everywhere, they dominate football games on sundays as well. apple, the ipad, ipad mini, the iphone their ads have been swamped by samsung and microsoft. is apple still the king of cool? shareholders wants to know and so do i. let's bring in mark, editor in chief of laptop magazine. is apple still the king of cool? what do you say. >> when it comes to the design and getting the latest apps first, would i say yes for apple, but perception is becoming reality when it comes to the marketing ads you're talking about. when people see the big screen galaxy note 2 and in the office when i show people turn it on its side and two applications running on the screen the same time and pen input. in a lot of areas they're out-innovating apple and outmarketing apple, apple's bread and butter for a long time. stuart: mark, we'll get you more on the microsoft surface tablet. hold on a second i've got this for you. you want cool? take a look at this house, a mansion this miami on
rich, rats, cross-country , the throw you don't know, and the one that brings us here, my american revolution. in mine and humble opinion each of these books is its own line and masterpiece. wonderfully idiosyncratic, uniquely incisive. each is an investigation of the american my state and song skate into relative with the american landscape. fleet contends the obvious, whether a garbage dump comes or the species despise rodents or family richard or a transcendental and back and allows us to see what we didn't and will we couldn't will we didn't want to, the spiritual, historical, and is essential connections that exposed, so vert, demolish are comfortable presumptions and require us to perceive people and places and, yes, ra t s with fresh eyes. i have been amazed, enlightened, educated, entertained. none more so than my american revolution. until i read his book, i thought i was reasonably conversant for college graduate of 40 years ago about the american revolution. the war we all know, but mostly in massachusetts, virginia, and the carolinas. war in which the high road, no army
in really well with the use of social media. it really does bother me to this day when people say i don't really get twitter. it is people sharing photos of their breakfast and talking about really inane stuff. how can it possibly be useful? i counseled musicians for a dozen years and a few days ago, i announced that i was canceling an entire season of shows that went on sale, thousands of tickets purchased that will have to be refunded or postponed because of my best friend is in treatment for cancer and i want to stay with him. by sending an e-mail to my fan a best friend is in treatment. i do not send a press release. and what was fascinating was i woke up and the news had not been announced. the first saw were people had not heard the information from me. the voices sound like teenagers. someone was quitting my dad is disappointed. there is a handful of these. thousands of people came to me with lerone stories about having had cancer themselves. kirtland changing experience. outpouring of law only understanding when compassion but these people bring their personal stories on his fac
a factory in china and sell cars. they can delay paying u.s. taxes on that indefinitely. but the money comes from the rent, as so-called passive income, they have to pay taxes on that immediately. this provision says if your a bank -- you can be late paying your taxes. it is going to be considered active income. it is quite valuable to them. it is kind of a gray area. in 1986 when they did big tax reform, they said that is active income and we should tax that money. host: we have been talking with sam goldfarb from cq roll call. thank you very much. >> explores the history and literary culture of all money -- of albany. tonight on c-span, a senate debate on the fiscal cliff. shaun donovan discusses it. harry reid and mitch mcconnell when back-and-forth on fiscal cliff issues and a proposal to raise the debt ceiling. here is part of their exchange. >> yesterday afternoon, i came to the floor and offered president obama's proposal on the fiscal cliff to show that neither he nor democrats in congress are acting in good faith in these negotiations. with just a few weeks ago before a potentially
, they haven't even taken this bill up. 414 of us voted for this bill and the senate hasn't taken it up. but i guess i shouldn't be surprised, as the budget chairman said they haven't passed a budget for three years. my gosh. you know, let's quit talking about this group of americans or that group of americans, let's talk about america as if it's one country. let's don't engage in class warfare, let's don't pit one income group or one group against each other. we're going to take a very small step today, but it's a first step and it's not an unimportant step toward cutting the national debt. the national debt in the last four years has gone up 70%. that's a staggering amount. now, let me say this, chairman bernanke for six years has come before my committee and he said that the national debt is imperiling our economic future. let me use these words. he said our economic security is at risk if we don't cut down on the debt. mr. mckeon was here speaking. secretary bob gates said it's imperiling our national security. is that theater? is the national debt an illusion? americans don't think so. an
. why he or she deserves the honor? your political hero of 2012. you can give us a call this morning. host: you can reach out on social media. you can send us a tweet at twitter.com/cspanwj. we have about 15 comment so far. you can send this e-mail that journal@c-span.org. your political hero for the first 45 minutes. here are some thoughts on facebook and twitter. this is from jonathan espinoza. about 15 comments on facebook already. danny likes bernie sanders. host: just some of the mansion's this morning. entions some of the mansi this morning. you can give us a call. 202-585-3881 for republicans. 202-585-3880 for democrats. 202-585-3882 for independents. also on facebook, facebook.com/cspan. a couple of stories related to the fiscal cliff. from "thew bid frittle bit washington times." this is ron from louisiana. caller: good morning. host: who wish to nominate? -- who would you'll nominate? caller: obama. host: what makes him your hero? caller: we were on a major slide when he came into office. he save the automobile and got osama bin laden. he did everything even though the gop
. >> that is it for us here at "money in motion." your next chance for a trade sunday afternoon. cnbc. have a great weekend. >>> i'm jim cramer, and welcome to my world. >> you need to get in the game. >> firms are going to go out of business, and he's nuts! they're nuts! they know nothing! >> i always like to say there's a bull market somewhere and i -- >> "mad money." you can't afford to miss it. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to help you save some money. my job is not just to entertain you but i'm trying to educate and teach you. call me. 1-800-743-cnbc. you want to get a sense of just how important this -- i hate to even say it anymore -- fiscal cliff is? today we got an incredible employment report from the labor department. with 146,000 new jobs. i was looking for 90,000. the unemployment rate dropping to 7.7. i thought it might be 8%. and all this despite the effects of hurricane sandy. who knows how high we could have been if it weren't for that darn hurricane? yet the market barely blinked. yet the poten
flooding downstream and ever since that work has been done this happens to us at least once or twice a year. >> not far away this morning heavy downpour turned this creek one that was barely back three days ago that a fast moving father way. overflow the bank near office complex on north mcdowell boulevard. >> about 4 and a half feet from yesterday. yesterday we were seeing ground grass and puddles whereas the ground was saturated. if you can believe the prediction of the rain that we are supposed to get, this will flood. >>reporter: those who haven't had the water encroach on them yet are doing what they can to make sure it doesn't. next round of heavy rain line up off the coast. rob works for rerefrigeration company on north petaluma boulevard sits in a low spot near the petaluma river. the property hasn't flooded in years. but there's concern. it might if the forecast for this weekend holds true. >> well they are saying it's to be 7 foot high in the river, river right back behind us hear and about eight years ago the river overflowed at 7 and a half feet so we don't want, if it'
's a -- how many times can you tell us that monster drinks aren't any worse and may actually be better than a cup of joe from starbucks? let us count the ways that this analyst meeting slash lovefest, they will tell you that there's no better way to preserve your heart than to drink a taste of monster every morning. now, analysts will be plenty hopped up when they come out of this meeting because they'll be recommending this stock in high-speed fashion. next on wednesday we're going to get the results from joy global. here's the company that has the best read on chinese growth of all the companies i follow. in fact, joy global called the bottom in the slide over there by analyzing data on chinese electricity use. can't be jiggered. people think this is an original equipment business, but i've got to tell you once again we're going to hear from the straight-shooting ceo michael sutherland that maintenance is more important. maintaining it is the equivalent. i'm going to listen to what he says about india. we don't talk about india enough. they are like coal junkies over there. it's like get
. we're back with more steph after the break. stay with us. jennifer >>>> it's these "talking points" that the right have about "the heavy hand of government". i want to have that conversation. really! you know, i'd like to arm our viewers with the ability to argue with their conservative uncle joe over the dinner table. [ singing christmas carols in background ] aunt sally's singing again. it's a tradition honey. [ singing christmas carols ] mmmm. [ female announcer ] make new traditions with pillsbury grands! cinnamon rolls. ♪ ♪ [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ ♪ get to holiday fun faster with pillsbury cookie dough. >> she gets the comedians laughing... >> that's hilarious! >> ...and the thinkers thinking. >> okay, so there's wiggle-room in the ten commandments is what you're telling me. >> she's joy behar. ... and current will let me say anything. >> only on current tv. [ ♪ theme music ♪ ] >> announcer: ladies and gentlemen, it's "the stephanie miller sh
before us extendses two existing programs and creates -- extends two existing programs and creates a new initiative. the first title of the legislation re-authorizes the prematurity research expansion and education for mothers who deliver infants early. or preemie act. through fiscal year 2017. the preemie act was signed into law in 2006 and i was proud to be a co-sponsor of the original house legislation. s. 1440 as amended calls for further studies on factors related to prematurity, improved data on birth, continued preterm birth prevention efforts and strengthened public and health-provider education on risk factors for preterm delivery and treatments and outcomes for preterm infants. the legislation also codifies an advisory committee to the secretary of health and human services on infant mortality and directs the secretary to coordinate existing quality studies on hospital re-ed as --, readmissions and preterm infacts. since the enactment of the preemie act we've seen the preterm birth rate decline. the good news is there's been progress and better understanding of the causes of pr
parked in front of a massachusetts home. that home used to belong to the co-founder of alcoholic's anonymous. >> you just go right into the meeting. >> 2012 is coming to an end and the year was fill would with a ton of news from the presidential election to the newton shooting. as we say hello to 2013. we want to know what you think the top stories of year. head over to fox friends first . there is two polls to vote on one is for 2012 and lighter side entertainment stories of the year . we will reveal the results live on monday, new year's eve if you can believe it or not. i can't believe it is new year's eve. "fox and friends" first starts right now. have a great day. >> julia: good morning. i am julia hedy in from gretchen. last call in hopes of rescuing off of the fiscal cliff. all that is getting debated is who is at fault and what is the president's plan. according to the white house there is no new proposal. >> and is russia vladimir putin playing with children's lives . what he just did. >>> and the newspapers that published the names of licensed gun owners. fox and friend
you for joining us at this press conference. >> the obvious question that the american people were asking is, what is john bender working for. -- john john boehner waiting for it? the farmers are trying to recover from a tough crop year but john bender will not call a vote. what is john painter waiting for? -- john boehner waiting for? traditionally, we did not have a vote on this. we would not call this for pat -- passage. what is the comet -- waiting for when it comes to post a reformed? hal blog the delete soon for that bill? so that we would make the postal service still retains the very best in the world. the most obvious and top local question, what is he waiting for when it comes to tax breaks for working families across america? this is the reality we face? . we sent the bill to him that will protect 98% of american families and he will not call it on the floor. is he waiting for what is going to happen january 1 when consumer confidence is shaken across america, as everyone sees an increase in income-tax rates, including working families because he will not act? is he wait
to take place in the next two days. >> leigh, all of us are aware of the fact that most people at the top of fortune 500 companies look at these clowns saying, you know, this is ridiculous. you couldn't run any business from a variety store to whatever the way -- where they try to run the country. is there any immediate impact on the markets next week with their inability to get anything done? >> yes. i mean, i think that's where we're going to see the biggest impact by far. i mean, yes, the payroll tax will take effect. that will be one of the most immediate things we see. but even that, it takes two weeks to adjust your paychecks. you know, we'll spend most of the time with the tax cuts, repairing, restoring, trying to solve that with some triage. the market doesn't care about any of that stuff. the market response is going to be psychological. it's going to be dramatic. it's going to be huge because there's been all this pent-up -- the other thing is the market was expecting a deal for a very long time. the market was pricing in a deal. how could we not reach this? how would that even
media chairman joins us for a look at the fiscal cliff. at 9:15, a discussion of background checks. host: the house and senate are back in session today, but the fiscal cliff negotiations are not on the agenda. during this first segment, we want to hear from business owners only. about your views on the fiscal cliff and how it may affect you in 2013. you can see the numbers on the divided by zones -- time zones. you can also contact us via social media on twitter or facebook or by e-mail. before we get an update on the fiscal cliff, two articles to show you. this is from the houston chronicle. that's from the houston chronicle. if there are updates, we will get those throughout this morning's program. one other article and we want to show you -- according to one article, the nominee has flown back from hawaii with the president on air force one. most of the papers are filled with articles about the fiscal cliff issue. joining us now is merideth shiner of cq roll call. ms. shiner. guest: ms. shiner seem so formal. we're having a recession in between christmas and new year's. that ha
, december 16, 2012. the flag over the u.s. capitol, over the white house, and in many locations across the country are at half staff today because of friday's school shooting in newtown, conn.. the nation's newspapers are full of details about what happened on friday. we would like to hear from you your opinions on how america can prevent mass shootings. is it the role of government or society to stop them? here are the numbers to call. for republicans, 202-585-3881. for democrats, 202-585-3880. for independents, 202-585-3882. you can also find us online. send us a tweet, twitter.com/c- spanwj. or join the conversation on facebook by looking for c-span and weighing in. you can also e mail us, journal@c-span.org. here is the first page -- front page of "the hartford current" this morning. "day of grieving." the top headline, along with a list of the victims. the employees, all women. the children, all around the age of 67. this is "the sunday bulletin." "residents gather to find comfort and pray." national newspapers also digging into this story. "the new york times" says that the peopl
22% of energy consumption, one-third more used in passenger trucks and cars combined. this will create thousands of u.s. jobs in the hardest-hit industries on jobs that cannot be of course using materials that are 90% made in the usa energy efficiency is unique in that it creates its own cash flow. it pays for itself. there are significant barriers that prevent this from being harvested more efficiency -- more efficiently. one is to begin -- and this is akin to building power plants. we know how to finance power plants. they supply predictable amounts of energy and utility can easily raise capital. however we lack the same capital for energy efficiency even notice understood to be the most cost-effective resource for meeting our needs. the energy efficiency efforts equate to a resource greater than any other source in the country. greater than nuclear, natural gas or coal. this is a great example policy that can move the -- this provides incentive to home owners to increase -- the greater the incentive, i the savings. transitioning allows for business model metrology
in italy. he became the first japanese american in congress and served 50 years in the u.s. senate. his death was announced by harry reid. >> the kindness that he has shown me for me time here in the senate has been something i will cherish always. a man who has lived and breathed the senate. he was that patriot. >> very kind words. president obama also a native of hawaii tweeted aloha yesterday. he died yesterday at 88 years old. >>> there is progress in talks on the fiscal cliff, but major sticking points still remain with just two weeks to go. a top republican says there is disagreement over spending cuts versus new taxes and until that could be worked out, there won't be any talks about the specific details. and wall street closed higher over signs of the talks. the dow jones rose 100 points for its biggest gain of the month. early markets overseas also higher because of capitol hill optimism. and a bounce back in china's economy. >>> a holiday miracle for drivers as plunging gas prices hit their lowest point of the year. aaa reports the price of gas fell more than nine cents a gall
also contact us on twitter, facebook, or by e-mail. you can see the addresses on your screen. let's start with an update on the so called "fiscal cliff." this is the washington post -- in a side arbucarticle -- that the washington post report on the fiscal cliff this morning. here's an article from "washington times" -- now this is from "politico." a situation that was in the paper couple weeks ago. looks li finally, before we go to phone calls, this article from the daily caller -- again, that is reported in the daily caller. we begin with a call from diane in julian, california, on our democratic line. caller: good morning, peter. my prediction came true, reelecting a president. women against violence acts, being held up by the house. john boehner and the republican house majority leader eric cantor. i tweeted last night quiet late saying the republicans are going to gang up on john boehner. there is an article in the new york times showing they feel he is dragging his feet and waiting until january 3. i also understand that the chairman of the government oversight and reform co
to washington to try to lead us away from the fiscal cliff. >>> former president george h.w. bush in intentive care. we'll have the latest on that. >>> a vigil for firefighters, a tornado in action and december surfing in the great lakes. good morning. i'm mara schiavocampo. a powerful winter storm that brought an odd mix of tornadoes, heavy winds and snow to the nation's midsection is now wreaking havoc on the northeast. snow and sleet have produced treacherous road conditions from pennsylvania and western new york to maine with more than a foot of snow expected in some areas. this storm so far being blamed for at least six deaths. and as nbc's kurt gregory reports, the storm is creating a post holiday travel nightmare. >> reporter: cleanup on the day after christmas for the deep south. a record of more than 20 tornadoes as a massive storm system ripped through mississippi and alabama and left arkansas with a record-breaking white christmas. that storm system continued its march across the center of the nation wednesday, leaving a near whiteout from detroit -- >> not used to it. it's slick. >
's incredible news about general motors buying $5.5 billion worth of stock from the u.s. government's t.a.r.p. program. and it was at a price $2 above where gm traded yesterday. that's right. we, the people, got a better deal than we could've ever hoped for just the day before. gm most likely would have been liquidated, putting more than a million people out of work, if the federal government hadn't bailed it out. nobody likes a bailout. people don't like to use the phrase bailout and the government isn't going to be made whole in this investment. i'm saying that point-blank. that's because it's so gigantic. the simple fact is also not only does gm exist, but it was capable of throwing off $5.5 billion to repay some of the t.a.r.p. investment. this thing was at death's door, now it's thriving, just like aig which also shouldn't have come back, but it did. those are two 2012 success stories that explain how robust corporate america really is and how unheralded that development is. what else? how about that the united states is now producing more oil than any other time in the last 17 yea
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